The UK has signed a new sovereign investment partnership (SIP) with Oman, focused on driving high-value investment in both countries. Based on a Memorandum of Understanding (MoU) between the UK’s… read more →
ABN AMRO Bank has said that it was rewarded for its early preparation for SWIFT trade finance changes, thanks to a solution from Norwegian software vendor Commercial Banking Applications (CBA).… read more →
HSBC has completed its first sustainability-linked trade finance transaction with Hong Kong-based garment maker Epic Group. The pricing of the facility was tied to Epic Group’s performance in areas such… read more →
The UK’s national customs office issued £200,000 in fines to UK businesses for exports of unlicensed military and dual-use goods in 2021. Between March and November last year, Her Majesty’s… read more →
Your Monday morning coffee briefing from TFG. The UK’s post-pandemic recovery is weakening as inflation worries hit record highs, according to a new British Chambers of Commerce (BCC) survey.
UK exporters sealed over £70 million in sales to South Korea during 2021, with the help of trade shows backed by the UK government. British-made products ranging from hydrogen fuel… read more →
New data show that 2021 was a record year for sales of electric vehicles (EVs) in the UK, while sales of new petrol and diesel cars flatlined after a disastrous… read more →
Prometeon Tyre Group, a subsidiary of Italian tyre brand Pirelli, has signed a new sustainability-linked facilities agreement led by ING Bank. The deal is comprised of a €200 million term… read more →
The International Islamic Trade Finance Corporation (ITFC) has signed a $150 million Framework Agreement with one of its newest members, the government of Turkmenistan. Signed as a three-year deal, the… read more →
The British Exporters Association (BExA) has published its 12th annual benchmarking report on UK Export Finance (UKEF) – the export credit agency (ECA) of the UK government. The report, published… read more →